tag:blogger.com,1999:blog-2335748440449035592.post7703101558959400941..comments2008-12-07T17:23:38.602-05:00TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2335748440449035592.post-422066318204736522008-12-07T17:23:00.000-05:002008-12-07T17:23:00.000-05:00BOB stated this morning that things will get worse before they get better....be prepared !seadoghttp://www.blogger.com/profile/16522005472568496860noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-37180186410928084652008-12-06T23:01:00.000-05:002008-12-06T23:01:00.000-05:00OK.. This was so spot on: From the December issue of "The Options Specialist"<BR/><BR/>As December approaches we spy many Warning<BR/>Signs from our watchtower. It feels like it has been half a dozen or so bailouts and literally trillions of “bailout bucks” since we last lamented with you, intrepid reader. Please forgive our belated Congratulations! We’re only permitted one communiqué per month and thus we had to wait until now to marvel<BR/>at your ownership stake in Citigroup. You are savvy though, aren’t you? You seemed to have swooped in and picked up the former Super Bank at ludicrously low levels. Some might even venture to say that you “bought the bottom” while others would suggest that you created the bottom. Regardless of the semantics,<BR/>nice take! Why not write some calls against the “Four stock” that you scooped last week? “Vol is high” so why not generate some income? What’s that? You say that you in fact never had nor presently have no say in the purchase or in the writing of said calls? How can that be? You’re on the hook for the Citigroup<BR/>bailout bucks so what are you “twelfth woman-on-the-deal-team”, last to know? Didn’t realize that you were on the “outside”… So how are the husband and kids?... Good old Uncle Sam is now your financial advisor! My, how times change? Before Uncle was only your silent partner taking a huge percentage of everything you made in exchange for… (chirp…chirp again), that’s right, in exchange for the right to participate on this Amber-Wave colored monopoly board. But now, yes now, Uncle Sam has stepped up to buy distressed<BR/>assets for you. He knows which ones you want and that’s why he’s being selective. He knows that you didn’t want Lehman much in the same way that he knew you did want AIG. Surely you understand, right? This is all in your best interest we remind you!jeganhttp://www.blogger.com/profile/05850061548373752817noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-77373249058773312352008-12-06T20:53:00.000-05:002008-12-06T20:53:00.000-05:00Do you think I should send my used copy of "How to Buy and Sell Stocks using Technical Indicators" to Paulson? <BR/><BR/>By the way. Did you hear that the Big 3 ran right up to Canada and begged them for $25 Billion as soon as they finished speaking to the House of Reps? I wonder if they're double dipping, or just trying to make sure they have several avenues to collect the $34 Bill they say they need. <BR/><BR/>Looks like your foreign investors can get a piece of GM without leaving home after all. "See the USA. In your Chevrolet!"<BR/><BR/>jeganjeganhttp://www.blogger.com/profile/05850061548373752817noreply@blogger.com